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Supreme Court Upholds NCLAT Decision Setting Aside NCLT Orders Approving Resolution Plans for Earth Infrastructures Limited. Dispute Involves GNIDA's Claim Over Land Leased to Special Purpose Company and Its Subsidiaries, and the Validity of Resolution Plans Under IBC.

The Supreme Court of India heard a batch of civil appeals arising from a judgment of the National Company Law Appellate Tribunal (NCLAT) dated 30.01.2...

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Madras High Court Dismisses Revenue's Appeal in Deemed Dividend Case — Advances from Sister Concern for Software Development Held Not Deemed Dividend Under Section 2(22)(e) of Income-Tax Act, 1961. Business Transactions in Ordinary Course Excluded from Deemed Dividend Provisions.

The Revenue filed an appeal under Section 260A of the Income-Tax Act, 1961 against the order of the Income-Tax Appellate Tribunal, Chennai 'C' Bench d...

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High Court of Karnataka Acquits Accused in Murder Case Due to Unreliable Testimony of Interested Witnesses and Lack of Corroboration. Conviction under Section 302 IPC set aside as sole eyewitness was son of deceased and evidence suffered from material contradictions and omissions.

The appellant, Hanumantha @ Kunt Hanumantha, was convicted by the Principal District and Sessions Judge at Raichur for the murder of Basappa under Sec...

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High Court of Karnataka Allows Land Acquisition Compensation Appeal Due to Procedural Irregularities and Denial of Opportunity. The court remanded the matter for fresh consideration on merits after the Single Judge dismissed the writ petition without hearing.

The appellant, Bimal Kantilal Mehata, owned land in Bengeri village, Hubli, which was acquired by the Land Acquisition Officer on 28.10.2010 under the...

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Bombay High Court Acquits Accused in Kidnapping and Rape Case Due to Inconsistent Evidence. Conviction under Sections 363, 366, 376 IPC set aside as prosecutrix's testimony was unreliable and medical evidence did not support rape.

The appellant, Zabarsingh Pilya Bhilala, was convicted by the IIIrd Ad hoc Assistant Sessions Judge, Achalpur in Sessions Trial 80/1997 for offences u...

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Bombay High Court Quashes Tender Award Due to Arbitrariness in Technical Evaluation. Petitioner's Bid Rejected Without Proper Consideration of Clarifications, Court Directs Reconsideration.

The petitioner, Kartikay Exploration and Mining Services Pvt. Ltd., challenged the award of a tender by the National Centre for Antarctic and Ocean Re...

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Bombay High Court Dismisses Appeals Against Arbitral Award in Partnership Dispute — Upholds Valuation Based on Book Value as Per Partnership Deed. Clause-11 of Partnership Deed Mandates Asset Valuation on Book Value Basis, Not Market Value, Under Section 48 of Indian Partnership Act, 1932.

The case involves two appeals filed by Dr. Vijaypat Singhania and others (Appeal No. 361 of 2010) and Dr. Gaur Hari Singhania and others (Appeal No. 5...